848 N Ashland Avenue
Chicago, IL 60622

Status: Active
Multi Family
3 beds
0 baths
0 sq.ft
Listing Price: $489,000

About this home

This property is an exceptional opportunity for buyers looking to invest in a highly versatile and well-located piece of real estate in West Town. Comprised of two units, including a 1st floor retail space and a spacious 3-bedroom apartment on the 2nd floor, along with a basement and attic, this property offers a range of possibilities for both residential and commercial use. Additionally, this is potential for "Granny flats" with a brick 4-car garage and a backyard, there is ample space for additional storage or parking. The brick construction of the building lends to a timeless aesthetic, and the property has been priced for a quick sale. The previous retail tenant on the ground floor was a dentist, indicating that the space is highly adaptable for various types of businesses or services. The residential space on the upper floors could easily be modernized or updated to suit the preferences of new owners or tenants. This property is ideal for wise investors or owner-occupiers who are looking to take advantage of a rare opportunity to acquire a highly desirable piece of real estate in West Town. While the property may require some TLC or modernization, it is being sold "As-Is", providing buyers with the freedom to make changes and improvements as they see fit. Don't miss out on the chance to own this excellent investment property!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
3 Bedroom Unit in Building Yes
Parking Total 4
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 4
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Town
Corporate Limits Chicago
Directions South of Division St & North of Chicago Ave.
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Electric
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Bathrooms No
Basement Full
Bedrooms Count 3
Bedrooms Possible 3
Baths Count 2
Full Baths in Building Count 1
Half Baths in Building Count 1
Total Rooms 11
Units
unit 1
Baths Total 1
Appliances And Features None
Half Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays None
Floor Number 1
Square Feet 1030
unit 2
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 5
Security Deposit O
Tenant Pays None
Floor Number 2
Square Feet 1030
Property / Lot Details
Lot Dimensions 25X111
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 17064320310000
Special Assessments N
Taxes $5,411
Tax Year 2021
$489,000 Listing Price:
MLS # 11883022
Investment Profile Residential Income
Listing Market Time 213 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 10/04/2023
Year Built
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